Yahoo will cut 1,600 jobs in its advertising technology division © AP Photo/Marcio Jose Sanchez IT giant Yahoo is planning to lay off around 20% of its staff, it was reported…
by MichaelShare It appears that the tsunami of layoffs that started late last year is starting to accelerate. January was a horrible month for job losses, and major layoff announcements are…
Stock investors don’t believe Powell because the Fed lost most of its credibility in recent years by promising it could do quantitative tightening on autopilot in its long-awaited and feared…
Sanctions on Russia, along with insufficient investment into production, will cause a “serious problem” next year, a top analyst has warned © Sputnik / Maksim Bogodvid Oil will soar back above $100…
Tech CEOs seem to have decided that when it comes to layoffs, about 6% of the workforce is a magic number. As today’s job report showed, the U.S. economy as…
Story by Kali Coleman • Friday30818077 Comments Provided by Best Life Walmart Is Temporarily Closing More Stores, Effective Immediately Most of us can take comfort in knowing that the nearest Walmart is rarely too…
Does anyone remember way back to when new jobs came in so bad the report shocked everyone by being far below expectations? Stretch your memory because it was all of…
SSUCv3H4sIAAAAAAAEAJ2QzQrDIBCE74W+g3j2UOitrxJ62OgSlpoIuqaUkHePv+C5N+ebHdfxuN+EkDME0vIljqySJmtjYA9Mbkv4oRpHQ+w8gc0ws7M4MjBwDBjyFQ1pYFzSbIUt3/dMVYtuFDMlkiWlGliIc2EdnervZD28exVYcNO/8uChiEeLUItMdVR+vox+HavtZNANGqIhN7TcnQabA8/hZp0+1K1t33kBWD1OEHcBAAA= by Nick Corbishley As the price of everything, including debt, continues to soar, life is getting harder and harder for the UK’s heavily indebted businesses. Business insolvencies in the UK…
by Michael All of the things that we would expect to see at the start of a major economic downturn are happening. Retail sales are falling, auto sales have been way…
Famed author and former trader says the market is not ready for high interest rates © Getty Images / MARK GARLICK/SCIENCE PHOTO LIBRARY Former banker Nassim Taleb, best known for his bestseller…
People ride escalator at Saks Fifth Avenue in New York City, US, December 4, 2022. (Reuters photo) US Treasury Secretary Janet Yellen has warned that the United States is facing…
The country faces a recession if it defaults on its debt, the Treasury secretary has said © Getty Images / Colin Anderson Productions pty ltd US Treasury Secretary Janet Yellen on Saturday…
Used cars are shown for sale in National City, California, U.S., June 30, 2017. REUTERS/Mike Blake – RC188EDE8D70 Car repossessions grow as Americans still struggle with high car prices and…
(Reuters) – Intel Corp (INTC.O) saw about $8 billion wiped off its market value on Friday after the U.S. chipmaker stumped Wall Street with dismal earnings projections, fanning fears around a…
by Michael I don’t have to tell you that your money doesn’t go as far as it once did. You see it every time that you go shopping. Our leaders flooded…
by Michael You can call everyone for dinner, because our goose is cooked. We are so deep in debt that the only way we can keep the entire system from collapsing…
Banks are preparing for the biggest round of job cuts since the global financial crisis, as executives are under pressure to cut costs following a collapse in investment banking revenue.…
Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals told King World News that what the world is facing is…
Today Michael Oliver, the man who is well known for his deadly accurate forecasts on stocks, bonds, and major markets, told King World News that central banks will panic as all hell…
Since the outbreak of war in Ukraine in February last year, Western countries have announced unprecedented sanctions on Russia. (File Photo) The recession of the world economy has little to do with…
A World Economic Forum survey suggests major economies are facing a slowdown due to inflation © FABRICE COFFRINI / AFP More than half of the leading economists polled by the World…
(Natural News) Bank of America recently experienced significant disruptions in online transactions conducted via the payment service Zelle. Many customers reported delays and funds missing from their accounts, including funds from Zelle deposits…
This article was written by Brandon Smith and originally published at Birch Gold Group As the Federal Reserve continues its fastest rate hike cycle since the stagflation crisis of 1980, a…
by Michael Is your job safe? Right now, we are witnessing so much turmoil is so many different sectors of our economy. The housing market is crashing, the cryptocurrency industry has…
BY TYLER DURDENFRIDAY, JAN 20, 2023 – Google parent Alphabet Inc. on Friday became the latest addition to an increasing list of technology companies that have announced plans to reduce…
Inflation and recession will be the constant companions of the global economy for years to come, according to Nouriel Roubini © Getty Images / Nirut Sangkeaw / EyeEm The period of relative…
by Michael Inflation is going down! Let’s all celebrate! We all knew that when the Federal Reserve began aggressively hiking interest rates it would have an impact on inflation. Higher rates…